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chapter 6 question 5 You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year

chapter 6 question 5

You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from today, 2f1? (Round your answer to 2 decimal places.)

Maturity Yield
One day 2.25 %
One year 5.75
Two years 6.75
Three years 9.25

Forward rate %

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